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Survival in a Declining Industry: The Case of Baseball Cards

  • Arthur Zillante

    (ICES, George Mason University)

The baseball card industry provides a case study of survival in a declining industry. The case study shows how manufacturers have varied their strategic behavior in response to changes that have occurred within the industry in the last 20 years. This is in stark contrast to most of the existing theoretical literature on behavior in declining industries, which assumes that behavior remains constant throughout the decline phase of an industry.

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File URL: http://econwpa.repec.org/eps/io/papers/0505/0505004.pdf
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Paper provided by EconWPA in its series Industrial Organization with number 0505004.

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Length: 15 pages
Date of creation: 12 May 2005
Date of revision:
Handle: RePEc:wpa:wuwpio:0505004
Note: Type of Document - pdf; pages: 15
Contact details of provider: Web page: http://econwpa.repec.org

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  1. Gabriel, Paul E & Johnson, Curtis & Stanton, Timothy J, 1995. "An Examination of Customer Racial Discrimination in the Market for Baseball Memorabilia," The Journal of Business, University of Chicago Press, vol. 68(2), pages 215-30, April.
  2. John Londregan, 1990. "Entry and Exit over the Industry Life Cycle," RAND Journal of Economics, The RAND Corporation, vol. 21(3), pages 446-458, Autumn.
  3. Glenn W. Harrison & John A. List, 2007. "Naturally Occurring Markets and Exogenous Laboratory Experiments: A Case Study of the Winner's Curse," NBER Working Papers 13072, National Bureau of Economic Research, Inc.
  4. Nardinelli, Clark & Simon, Curtis, 1990. "Customer Racial Discrimination in the Market for Memorabilia: The Case of Baseball," The Quarterly Journal of Economics, MIT Press, vol. 105(3), pages 575-95, August.
  5. Fudenberg, Drew & Tirole, Jean, 1986. "A Theory of Exit in Duopoly," Econometrica, Econometric Society, vol. 54(4), pages 943-60, July.
  6. Pauli Murto, 2004. "Exit in Duopoly Under Uncertainty," RAND Journal of Economics, The RAND Corporation, vol. 35(1), pages 111-127, Spring.
  7. Charles J. Mullin & Lucia F. Dunn, 2002. "Using Baseball Card Prices to Measure Star Quality and Monopsony," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 620-632, October.
  8. David Lucking-Reiley & John A. List, 2000. "Demand Reduction in Multiunit Auctions: Evidence from a Sportscard Field Experiment," American Economic Review, American Economic Association, vol. 90(4), pages 961-972, September.
  9. Andersen, Torben & La Croix, Sumner J, 1991. "Customer Racial Discrimination in Major League Baseball," Economic Inquiry, Western Economic Association International, vol. 29(4), pages 665-77, October.
  10. Ghemawat, Pankaj & Nalebuff, Barry, 1990. "The Devolution of Declining Industries," The Quarterly Journal of Economics, MIT Press, vol. 105(1), pages 167-86, February.
  11. Andrew Kato & Ginger Jin, 2004. "Dividing online and offline: A case study," Natural Field Experiments 00276, The Field Experiments Website.
  12. Robert A. Jones & Ellen B. Warhit, 1980. "A Theory of Package Sales: Bubble Gum and Baseball Cards`," UCLA Economics Working Papers 172, UCLA Department of Economics.
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